I trust #Bitcoin because i can see everything about it. I can verify all of its rules. I understand its system and why its rules are almost impossible to change. And it has rewarded that trust for 15 years
I don't trust fiat because I'm not stupid. Its rules are absurd, its system is designed to impoverish people to benefit the counterfeit class, and it punishes those who trust it on a daily basis.
I can no longer unsee a lot of things.
Trust and transparency resonate with anyone who has the right incentives. That’s why studying #bitcoin on #nostr is my favorite pastime because there is a genuine exchange of information and assessment of the protocol. Trust is not malleable, it is absolute. I love that about Bitcoin and Nostr. Thankful to be here with people like you
Guy I think you are missing something.
Trust in physics is not a choice, it simply is; rooted in the fundamental principles of entropy resolution and energy transformations. Similarly, Bitcoin eliminates the need for trust by anchoring its system to these same principles. You don’t ‘trust’ Bitcoin; it operates on the same immutable laws of physics. I am working on a paper to quantify the energy of Bitcoin blocks, which will make this connection even clearer.
Bitcoin is more than money. While satoshis are its monetary units, Bitcoin is a decentralized protocol that transforms energy into digital security, anchored to the laws of thermodynamics. Its blockchain resolves entropy, recording human decisions in an immutable ledger.
He knows all this, trust me (😏).
I mean, that is what my work is pointing to.
I have actually referenced your writing as being fundamental to my understanding. If you would actually like to have a discussion about this, I would be honored. I am looking for a small community of people to build general consensus around the idea before I publish. This is way bigger than me.
The goal was pretty simple, quantify the energy of a bitcoin block. It forces one to confront entropy & consciousness head on and grapple what trust in physics is.
I just ask the person how USD is created. There are a bunch of people who get free money because they are close to the system. They loan that money to you, they also suck at business so we bail them out every few years.
The system is so absurd it is hard to believe.
Hmm, I always hear that all transactions in the blockchain are public?
With Bitcoin the only viable thing to go off of is trust and sustainable returns 💪🏼💯
I trust Bitcoin's incentives.
Everything is good for Bitcoin.
In Bitcoin we trust..
